Canada Post Shipping loss or damage insurance

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rmcda

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Super GunNutz
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Hi,

For those of us who buy or sell optics, when using canada post, do you pay the additional coverage fees, despite the fact that those additional charges can exceed the actual shipping cost, if the item is of high value?
 
rmcda said:
Hi,

For those of us who buy or sell optics, when using canada post, do you pay the additional coverage fees, despite the fact that those additional charges can exceed the actual shipping cost, if the item is of high value?
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Yes
 
I do, but take pics of packaging process and final package. For $2-ish per $100, cheap until you get into the 2K+ Values But still a good hedge against a wanna-be footballer. Some things I don't want to 'gamble' on.
 
^ That is sort of the way that I look at it - some things I can afford to "lose" - I would refund the Buyer what he paid, and I deal with Canada Post for the value of the thing they wrecked - so it is me that would be out the value of the item, not the Buyer. For stuff that I can not afford to lose, I buy insurance coverage when I mail it. Over several years, I have never yet had to make a claim, but it will happen sooner or later. As per our local Post Office boss - I can not buy insurance on somebody else's goods, and they view the contents of the parcel to belong to the Sender (the person that packed and mailed it), until Canada Post delivers the parcel to the Addressee, at which point the insurance coverage stops. Apparently, as per her, Canada Post does not care if the item was paid for by the addressee or not - does not change who they view as "owner" of it.
 
^ I am going to "wing it" because I have never made a Canada Post insurance claim, but if it is like other insurance that I have dealt with, I would imagine they would pay out what you can prove was the value of what they damaged - up to the limit of coverage that you paid for - so I do not expect Canada Post insurance to cover the time or materials that I used to package the item, nor the cost of the trip into town and home to mail it - so, I would agree - the Canada Post Insurance does not likely cover ALL the actual cost - just the value that you can "prove" for that item.
 
Potashminer said:
^ I am going to "wing it" because I have never made a Canada Post insurance claim, but if it is like other insurance that I have dealt with, I would imagine they would pay out what you can prove was the value of what they damaged - up to the limit of coverage that you paid for - so I do not expect Canada Post insurance to cover the time or materials that I used to package the item, nor the cost of the trip into town and home to mail it - so, I would agree - the Canada Post Insurance does not likely cover ALL the actual cost - just the value that you can "prove" for that item.
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I know of what I speak in regards to Purolator, we shipping with them daily and our contents can exceed 10K.
Screenshot_20250226_181139_Samsung Notes.jpg
 
Thank you for all of the responses.
I wanted to find out how many understand the canada post "insurance" coverage policy.
The bad news (confirmed in writing) is that canada post does not insure shipments of anything that includes glass. The canada post response to my question regarding binoculars, cameras, rifle scopes, is that they are not insurable.
So, because I haven't scrutinized this until now, I have given canada post a lot of "free money" over the years, believing I had coverage. (I had previously paid insurance surcharges for scopes & binoculars up to $2000)
At least, I now know there are also others paying for coverage thought to cover optics.Hopefully, bringing this to light is helpful.Screenshot_20250226-102806.jpeg
 
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